Burr Oak Industrial Building For
For Sale
Contact for pricing
Pending
625 Yankee Doodle Rd, Eagan, MN 55121
22,959 SF industrial building in Eagan, MN, 100% occupied.
Property Size22,959 SF
Days on Market156
Property Features for 625 Yankee Doodle Rd
General Information
Standard status
Pending
Size
22,959 SF
Property subtype
Industrial
Zoning
PD
Building Details
Year Built
2000
Tenancy
Multi
Listing Agency:
Newmark - Minneapolis
(612) 440-0010
Listed By:
Tim Prinsen · License #MN 20006389
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Minneapolis
Investment Insights
Based on property information with market context.
The Burr Oak Small Bay Industrial Building offers a 22,959 square foot industrial space. The property is 100% occupied by 4 tenants. Suite sizes range from 3,160 SF to 8,818 SF. All suites have dock doors, and the endcap spaces offer both drive-in and dock doors. The building is located at the intersection of Yankee Doodle Road and Dodd Road in Eagan, MN.
Key Highlights
- 100% Occupied
- 22,959 SF Small Bay Industrial Building
- Located at the intersection of Yankee Doodle Road and Dodd Road in Eagan, MN
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$249,420
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,988,400
$5.0M
Cap Rate 7%
$3,563,143
$3.6M
Cap Rate 9%
$2,771,333
$2.8M
Market Conditions
NOI Build-Up for 22,959 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$371.9K $16.20/SF
− Vacancy
−$15.6K −$0.68/SF
EGI
$356.3K $15.52/SF
− OpEx
−$106.9K −$4.66/SF
NOI
$249.4K $10.86/SF
Area
Dakota County, MN
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,988,400
Cap Rate 7%
$3,563,143
Cap Rate 9%
$2,771,333
Alternative Uses
Best Use
Warehouse
$4.33M
$3.79M – $5.05M
NOI $302,867 @ 7.0% cap · market cap 10.28%
Second Best
Industrial
$3.56M
$3.12M – $4.16M
NOI $249,420 @ 7.0% cap · market cap 8.47%
Theoretical Best
Healthcare Medical
$5.65M
$4.94M – $6.59M
NOI $395,492 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55121, MN
9,468
Population
4,296
Households
2.2
Avg Household Size
36
Median Age
42%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
986
Density / Sq Mi
$86,929
Median Household Income
$51,450
Median Earnings
$1,630
Median Rent
$299,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 3100 Courthouse Ln, Eagan, MN 55121
- Metro Self Storage - Eagan — 3150 Dodd Rd, Eagan, MN 55121
- Yankee Doodle Self Storage — 540 Yankee Doodle Rd, Eagan, MN 55121
Frequently Asked Questions
What type of property is this?
Warehouse - 22,959 SF industrial building in Eagan, MN, 100% occupied.
Where is this warehouse located?
The property is located at 625 Yankee Doodle Rd Eagan, MN.
What is the asking price?
The asking price for this property is $2,945,000.
What are key features of this property?
This property features: 100% Occupied; 22,959 SF Small Bay Industrial Building; Located at the intersection of Yankee Doodle Road and Dodd Road in Eagan, MN
